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    High-end car sales sink in China as cheaper brands trump European marques

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    Source: South China Morning Post
    Published: 2025-12-14 18:22 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Politics, Transport, Asia, Europe, China, Trade & Sanctions, US Politics, Business & Economy, Asia Pacific
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    Snippet:
    Many buyers were swayed by a 20,000 yuan (US$2,830 ) trade-in subsidy offered by the government for purchasing electric and plug-in hybrid vehicles
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